Payward purchased AAVE tokens and is exploring partnerships with Aave.
Kraken's parent company, Payward, and its asset management clients purchased an undisclosed number of AAVE tokens on the secondary market. This purchase was completed through Payward's affiliated investment fund, Digital Asset Special Investments I, LP, and its asset management clients. Payward and Aave are exploring future collaboration opportunities. A previous deal involved 250,000 AAVE tokens and a 15% stake in Aave Group, valuing the company at $385 million, but this announcement did not mention any equity transaction. (Source: Bloomberg)